M&A
confidence high
sentiment neutral
materiality 0.90
California Water Service Group reports Q4 2025 earnings and acquires Nexus Water Group's Nevada/Oregon units for $218M
CALIFORNIA WATER SERVICE GROUP
- Q4 2025 net income fell 42% to $11.5M ($0.19 per share) as wet December weather reduced customer consumption.
- Full-year 2025 net income was $128.2M ($2.15 per share), down 32.8% from $190.8M in 2024.
- Signed definitive agreement to buy Nexus Water Group's Nevada and Oregon subsidiaries for approximately $218 million.
- Acquisition adds about 36,000 equivalent residential connections and increases consolidated rate base by ~$109 million.
- Company invested a record $517 million in water system infrastructure during 2025.